03 March 2026 – Analyst Report
2025: Earnings Below Expectations; Expects Support From 4% Yield
Rating: HOLD
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
27 November 2025 – Analyst Report
A trip down chemical lane
Rating: NON RATED
By CGS-International
Analyst(s): TAN Jie Hui, LIM Siew Khee
21 November 2025 – Analyst Report
3Q25: Earnings in Line; Dividend Policy Sparks Re-Rating
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo
09 November 2025 – Media Coverage
Charity, Rewards, and Tyres: The Story Behind China Sunsine Chairman’s Stake Sale
By NextInsight
04 November 2025 – Analyst Report
Strong Institutional Investor Interest In Share Sale
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo
22 August 2025 – Media Coverage
This Stock’s Long-Awaited Re-Rating Is Happening, +69% year to date
By NextInsight
18 August 2025 – Analyst Report
1H25: Earnings Stretch As Rubber Capacity Expands; Raise Target Price by 19%
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
28 May 2025 – Analyst Report
Holding Steady Amid Pricing Pressure
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
27 April 2025 – Media Coverage
This Company Has Paid a Ton of Dividends, But Its Growing Cash Pile Sparks Debate
By NextInsight
19 April 2025 – Media Coverage
Veteran Boss Expects His Company to be Resilient in the Face of “Intense Competition”
By NextInsight
Written by Leong Chan Teik
10 April 2025 – Analyst Report
Retail Investors’ Webinar Highlights
Rating: OVERWEIGHT (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
27 March 2025 – Media Coverage
Analysts Grow More Bullish on This Cash-Rich Company Trading at 1.4x Ex-Cash PE
by NextInsight
26 March 2025 – Analyst Report
Expect Volumes And Overseas Sales To Drive Growth; Raise Target Price By 9%
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
15 March 2025 – Media Coverage
On 18-year journey Since IPO, One Company Grows A Cash Mountain. Stock Trades … at 1 X PE ex-cash!
by NextInsight
24 February 2025 – Analyst Report
Small Mid Cap – Singapore
Rating: Overweight
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
14 November 2024 – Analyst Report
Expecting firm profit spreads in 4Q24F
Rating: ADD (no change)
By CGS-International
Analyst(s): Kenneth TAN, ONG Khang Chuen
07 October 2024 – Analyst Report
Safe Proxy To China And Oil Price Recovery With Good Yield; Raise Target Price By 26%
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
13 September 2024 – Media Coverage
Here’s a deep dive into a consistently profitable company that currently trades at ex-cash PE of 1
by NextInsight
21 August 2024 – Media Coverage
This company’s cash is 90% of market cap, trades at 1X ex-cash PE. Why?
by NextInsight
21 August 2024 – Media Coverage
This company’s cash is 90% of market cap, trades at 1X ex-cash PE. Why?
Rating: ADD (no change)
By CGS-International
Analyst(s): Kenneth TAN, ONG Khang Chuen
7 May 2024 – Analyst Report
Healthy spreads and volume growth
Rating: ADD (no change)
By CGS-International
Analyst(s): Kenneth TAN, ONG Khang Chuen
6 March 2024 – Analyst Report
Spreads holding up well for now
Rating: ADD (no change)
By CGS-International
Analyst(s): Kenneth TAN, ONG Khang Chuen
14 December 2023 – Analyst Report
Compressed Margins Amid Intensified Competition
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
23 November 2023 – Analyst Report
Rubber Chemicals Sales Hit Record Highs with Active Capacity Expansion
橡胶助剂销量大幅增长,公司积极进行产能扩张
Rating: OUTPERFORM (优于大市)
By HAITONG (海通國際)
Analyst(s): Huaichao Zhuang 庄怀超
16 November 2023 – Analyst Report
Record sales volumes, but weaker margins
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Kenneth TAN
21 September 2023 – Analyst Report
Strong ASPs could point to a better 2H23F
Rating: ADD (previously HOLD)
By CGS-CIMB
Analyst(s): Kenneth TAN
28 August 2023 – Media Coverage
CHINA SUNSINE: It’s more resilient than even some analysts assume?
by NextInsight
17 August 2023 – Analyst Report
Market competition remains intense
Rating: HOLD (no change)
By CGS-CIMB
Analyst(s): ONG Khang Chuen
28 April 2023 – Analyst Report
Price competition heating up
Rating: HOLD (previously ADD)
By CGS-CIMB
Analyst(s): ONG Khang Chuen
30 March 2023 – Analyst Report
2H22: Results in Line With Expectations; Stronger Performance Forecast
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
1 March 2023 – Analyst Report
Higher dividend payout a positive surprise
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
08 December 2022 – Analyst Report
Cautious Outlook As ASPs Trend Downwards
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
15 November 2022 – Analyst Report
Weaker demand likely to compress margins
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
15 August 2022 – Analyst Report
A record half despite a challenging backdrop
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
25 February 2022 – Analyst Report
2H21: Results Beat On Higher-than-expected ASPs
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Clement Ho
24 February 2022 – Analyst Report
Ending the year on a high note
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
30 October 2021 – Analyst Report
ASP Uptrend Points to a Stronger 4Q21F
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
30 September 2021 – Analyst Report
Positive ASP Trends To Drive Strong Earnings Growth
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Clement Ho
16 September 2021 – Analyst Report
Strong fundamentals to buffer upcoming price tailwinds
Rating: OUTPERFORM (Maintained)
By KGI Securities (Singapore)
Analyst(s): Chen Guangzhi
24 August 2021 – Analyst Report
Higher than expected ASPs drive operating leverage
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Clement Ho
17 August 2021 – Analyst Report
Solid execution
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
21 May 2021 – Analyst Report
Halfway towards peak
Rating: OUTPERFORM (Maintained)
By KGI Securities (Singapore)
Written by: Chen Guangzhi
30 April 2021 – Analyst Report
Strong start to 2021
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen, Kenneth Tan
12 April 2021 – Analyst Report
Rubber Accelerators’ ASP Remains Elevated Due To High Demand
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Clement Ho
26 February 2021 – Analyst Report
Riding the upturn
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
26 February 2021 – Analyst Report
2H20: Profitability Ramping Up From Increased Capacity
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Clement Ho
17 November 2020 – Analyst Report
ASP uptrend points to a stronger 4Q20F
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
12 November 2019 – Analyst Report
Bargain hunting
Rating: OUTPERFORM (Maintained)
By KGI Securities (Singapore)
Written by: Chen Guangzhi
08 August 2019 – Analyst Report
Potential Growth from Pipeline Projects
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
03 May 2019 – Analyst Report
China Sunsine Chemical Holdings Ltd – Soft sunshine
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
02 May 2019 – Analyst Report
Maybank Kim Eng Market Insight
by Maybank Kim Eng Research
Analyst: Kareen Chan
20 Apr 2019 – Media Coverage
CHINA SUNSINE: How it has risen to the top — and what’s ahead
by NextInsight
Written by: Portuser
17 April 2019 – Media Coverage
CHINA SUNSINE: Trades at only 6X FY19E earnings, half of industry average
by NextInsight
Analyst: Kareen Chan (Maybank Kim Eng)
16 April 2019 – Analyst Report
Scaling up to meet insatiablerubber chemicals demand
by Maybank Kim Eng Research
Analyst: Kareen Chan
07 March 2019 – Analyst Report
Taking advantage of opportunities amid short-term challenges
Rating: Not Rated
By KGI Securities (Singapore)
Written by: Joel Ng
04 March 2019 – Analyst Report
China Sunsine Chemical Holdings Ltd – Focus on volume growth
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
01 March 2019 – Analyst Report
China Sunsine Chemical Holdings Ltd – Not looking exciting with ASP trending lower
Rating: HOLD (previously ADD)
By CGS-CIMB
Written by: Colin Tan
07 January 2019 – Media Coverage
PHILLIP SECURITIES: Our 10 absolute return picks for 2019
by NextInsight
Analyst: Chen Guangzhi
09 November 2018 – Analyst Report
China Sunsine Chemical Holdings Ltd – Still healthy performance
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
14 August 2018 – Media Coverage
CHINA SUNSINE: Phillips Securities has more positive take than CGS-CIMB
by NextInsight
Analyst: Chen Guangzhi
13 August 2018 – Analyst Report
Aim for the long-term prosperity
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
12 August 2018 – Media Coverage
CHINA SUNSINE: Stock price fell after record 2Q earnings! Justified?
by NextInsight
Written by: Portuser
10 August 2018 – Media Coverage
CHINA SUNSINE: “Shares grossly oversold,” says Maybank KE
by NextInsight
Report by: Maybank KE Retail Research
08 August 2018 – Analyst Report
Record 2Q18; but marred by declining ASPs
Rating: HOLD (previously ADD)
By PBy CGS-CIMB
Written by: Colin Tan
26 July 2018 – Analyst Report
Expecting another set of stellar results
Rating: ADD (no change)
By CGS-CIMB
Written by: Colin Tan
11 July 2018 – Media Coverage
China Sunsine : Affected by US-China trade war?
by NextInsight
Written by: Portuser
30 Jun 2018 – Media Coverage
China Sunsine Chemical: Ride Steady Tyre Demand
SGX’s Kopi-C: The Company Brew Series on 22 June 2018
中文版
Republished in NextInsight on 30 June 2018
Written by: Jennifer Tan
29 Jun 2018 – Analyst Report
Company Note-Plunge in raw material costs
Rating: ADD (no change)
By CGS-CIMB
Written by: Colin Tan
30 Apr 2018 – Analyst Report
An incredible start for the year
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
26 Apr 2018 – Analyst Report
Another sizzling set of quarterly results
Rating: BUY (Maintained)
By CGS-CIMB
Written by: Colin Tan
25 Apr 2018 – Analyst Report
Now a high-tech enterprise with lower tax rate
Rating: BUY (Maintained)
By CIMB
Written by: Colin Tan
05 Mar 2018 – Analyst Report
What an outstanding year
Rating: BUY (Maintained)
By Phillip Securities Research
Written by: Chen Guangzhi
02 Feb 2018 – Media Coverage
China Sunsine — Price up 20.8% since we bought two weeks ago and we bought more
By The Edge Singapore
Written by: Tong Kooi Ong
29 Jan 2018 – Analyst Report
Catch a right time to expand production
Rating: BUY (Initiation)
By Phillip Securities Research
Written by: Chen Guangzhi
19 Jan 2018 – Analyst Report
Rubber chemicals specialist
Rating: BUY (Maintained)
By CIMB
Written by: Colin Tan
